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Monday News: Ebook sales increase margin; LibraryThing tries to step up...

In 2012, everyone but Random House suffered substantial legal bills and costs associated with agency pricing. Even after reduced growth and reduced revenue, publishers were still posting a close to 10% margin. If they can increase the volume of sales, the margin will be even higher.Publishers Weekly

I only agree with number 2 of Spalding’s assessment. I shopped at Zappos before and after the acquisition by Amazon and it remains my favorite place to online shop for shoes, clothes, and bags. Further, the majority of users don’t really care about monopolies until the monopoly hurts them.

Finally, if LibraryThing wants to take full advantage of the opening it perceives has been made by Amazon’s purchase of Goodreads, I would hope that it redesigns its site and makes it easier to use. A lot of people gravitated toward Goodreads, not because it was nimble and independent, but because it was better looking and easier to use. LibraryThing

The literary community that dominates the newspapers and the indie bookstores won’t allow themselves to view those people who like Colleen Hoover’s books or EL James books or Sylvia Day’s books as valued customers.

Amazon has no such pretensions. If you are selling, they want to highlight you. Step one for literary community should begin with “Embrace the customer as she is”.Magellan Media Partners

Jane Litte is the founder of Dear Author, a lawyer, and a lover of pencil skirts. She spends her downtime reading romances and writing about them. Her TBR pile is much larger than the one shown in the picture and not as pretty. You can reach Jane by email at jane @ dearauthor dot com

6 Comments

  1. cayenne
    Apr 01, 2013 @ 08:29:34

    Re margins: maybe it’s just the way I’m reading it, but if the publishers are still posting big margins even after giant legal bills and lower revenues, it seems that would suggest that e-books are overpriced vs. print books. Shocking.

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  2. SAO
    Apr 01, 2013 @ 10:26:08

    Interesting, isn’t it, given that not so long ago all the publishers and their spokespeople were assuring us that the costs of digital weren’t much less than paper?

    I’d expect backlists help, too. I’ve read most of some midlist author’s oeuvre. Before Amazon, the only place I’d find them was the library.

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  3. Wahoo Suze
    Apr 01, 2013 @ 15:49:34

    How does 50 Shades “drain sales” of other publishing houses? It’s not like people were deciding that, instead of buying Book X from Penguin, they decided to buy 50 Shades in stead. I’m pretty sure book-buying doesn’t work like that for anybody.

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  4. MaryK
    Apr 01, 2013 @ 15:50:25

    Audible.com improved after Amazon bought it. The website had some serious clunkiness that was fixed. Maybe it was coincidence but I’ve always associated the streamlining with Amazon’s purchase.

    ReplyReply

  5. Lea
    Apr 01, 2013 @ 17:16:36

    This is my favorite section of my daily email from you. I have gotten a lot of books based on your reviews and my Kindle is full of books from the on sale section but I really enjoy the booky news I get from you. I have discovered a lot of very interesting things and I really appreciate you including this as part of your blog. :)

    ReplyReply

  6. Jane
    Apr 01, 2013 @ 17:20:41

    @lea – thanks.

    ReplyReply

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